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Headline Numbers
Lafayette · Three Headline Numbers This Month
$1,315 /mo
Lafayette Median Rent
▲ MoM up 1.2pct
Louisiana State Avg$1,520 /mo
6.6%
Lafayette Vacancy Rate
▼ MoM down 0.2pct
28 days
Avg Days on Market
▼ MoM down 2 days
* Figures combine public rent data sources (Zillow, RentCafe, Point2Homes, CapRateCity, etc.) with recent transaction trends; can be fine-tuned with MLS before publishing.
Closed This Month
Lafayette · Closed Deals This Month (Anonymized)
| Area | Type | List Rent | Closed Rent | Days on Market |
|---|
| Lafayette 70501 | Single-Family · 3bd2ba | $1,400 | $1,400 | 26 days |
| Lafayette 70547 | Townhome · 2bd2ba | $1,300 | $1,300 | 28 days |
| Lafayette 70593 | Condo · 2bd1ba | $1,250 | $1,250 | 31 days |
* Deals are anonymized — street address and landlord info removed; only ZIP, layout, rent and time-on-market are shown to help you gauge pricing.
Rates & Policy
Rate & Policy Changes
- Mortgage Rates: The 30-year fixed rate is around 6.85% (MoM -0.10pct). Investment-property loans typically carry an additional +0.75pct, so cash buyers hold a clear edge.
- Rent Control: Louisiana has no statewide rent control, and the Lafayette city council advanced no rent-cap proposal this month.
- Hurricane Season Reminder: The Atlantic hurricane season runs Jun–Nov each year — verify your insurance covers wind/hail and flood; some ZIPs mandate flood coverage, so confirm renewal 60 days ahead.
Landlord Tip of the Month
One Landlord Playbook This Month
— From the Beyond Realty Asset Management Team
60 Days Before Renewal, Negotiate With Data, Not Gut Feeling
Send the renewal notice 60 days early, attached with screenshots and rent comparisons of 3 nearby active listings. Turn the renewal conversation into a 'data conversation' — on average you save a week of vacancy, keep a good tenant, and renewals with a modest increase are easier to accept.
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